Mitsubishi Electric Corporation

Mitsubishi Electric Corporationverified

MIELY

Price:

$42.68

Market Cap:

$6.43T

Mitsubishi Electric Corporation develops, manufactures, distributes, and sells electrical and electronic equipment worldwide. The company offers turbine generators, hydraulic turbine generators, nuclear power plant and power electronics equipment, motors, transformers, circuit breakers, gas insulated switchgears, switch controls, surveillance-system control and security systems, transmission and distribution ICT systems, large display devices, locomotive and rolling stock electrical equipment, wireless and wired communications systems, network camera systems, elevators, escalators, building security and management systems, and others. It also provides programmable logic controllers, inverter...[Read more]

Industry

Electrical Equipment & Parts

IPO Date

1996-11-18

Stock Exchange

OTC

Ticker

MIELY

The Current Ratio as of July 2025 (TTM) for Mitsubishi Electric Corporation (MIELY) is 2.03

According to Mitsubishi Electric Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 2.03. This represents a change of -0.73% compared to the average of 2.04 of the last 4 quarters.

Mitsubishi Electric Corporation (MIELY) Historical Current Ratio (quarterly & annually)

How has MIELY Current Ratio performed in the past?

The mean historical Current Ratio of Mitsubishi Electric Corporation over the last ten years is 1.86. The current 2.03 Current Ratio has changed 10.83% with respect to the historical average. Over the past ten years (40 quarters), MIELY's Current Ratio was at its highest in in the December 2024 quarter at 2.08. The Current Ratio was at its lowest in in the March 2016 quarter at 1.69.

Quarterly (TTM)
Annual

Average

1.86

Median

1.88

Minimum

1.69

Maximum

2.03

Mitsubishi Electric Corporation (MIELY) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Mitsubishi Electric Corporation Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 4.88%

Maximum Annual Current Ratio = 2.03

Minimum Annual Increase = -0.77%

Minimum Annual Current Ratio = 1.69

Quarterly (TTM)
Annual
YearCurrent RatioChange
20252.032.93%
20241.974.88%
20231.880.15%
20221.88-0.77%
20211.890.94%
20201.871.12%
20191.854.59%
20181.773.02%
20171.721.61%
20161.693.63%

Mitsubishi Electric Corporation (MIELY) Average Current Ratio

How has MIELY Current Ratio performed in the past?

The current Current Ratio of Mitsubishi Electric Corporation (MIELY) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

1.96

5-year avg

1.93

10-year avg

1.86

Mitsubishi Electric Corporation (MIELY) Current Ratio vs. Peers

How is MIELY’s Current Ratio compared to its peers?

Mitsubishi Electric Corporation’s Current Ratio is less than Mitsubishi Electric Corporation (2.03), less than YASKAWA Electric Corporation (2.58), greater than Legrand S.A. (1.94), greater than Fuji Electric Co., Ltd. (1.78), greater than RF Industries, Ltd. (1.59), greater than Vinci S.A. (0.85), greater than Hitachi, Ltd. (1.12), less than SMC Corporation (10.48), less than OMRON Corporation (2.31),

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